Real Estate

worriesinabundle asked:


I’m well aware that real estate agents are normally considered to be lying, cunning and selfish people but my aunt is not one of them. She has recently sold a house but she forgot to follow her company’s guidelines and register the customer to say that she is the one who has shown the customer around. When my aunt worked hard and sold the house–the listing agent said that the customer registered with HER first, not my aunt so she should get the commission.

PLease, please, please could you help? If these ‘free-riders’ take sovereignty then what more will become of the world than a filthy place to live in!

Jay-!!<> asked:


I live in the state of NY. a buyer was trying to rip me off in a real estate contract sell(sign the ded over to him). He didnt pay the money that he was suppose to and it was in the contract. so he breach the contract right there it has been close to two years and he still havent paid. not a dime. i was thinking maybe to give me some time to get the money to me that is way over due now. and he havent. i see he isnt going to pay. that isnt right for someone to have something they didnt pay for.and second he didnt sign the contract dont there have to be the seller and buyer sign the contract to complete the sale? can i get the property back and can i take the guy to court to get it enforced and back into my name.? thank you for your help. is there anything i can do? Once again i live in the state of NY and the contract is on file at the county on their records.

Jay-!!<> asked:


If you have a written contract for a property/ real estate and the buyer(supposed buyer) breaks it by not paying, can I enforce that contract? And get the property back since he didnt pay for it? The written contract was done in the County Office in front of a notary and lawyer(buyer’s lawyer). Also i have found out that if a party(buyer) fails, without legal excuse to perfrom any part of a contract that it is called a breach of contract and can be voided is that true? the suppose buyer and his lawyer was the one who wrote up the contract and they are the ones who broke it. Can i reclaim back the property/real estate that he buyer well supppose buyer didnt pay for? He has the deed and wont return it, what can i do? That wont be right for someone to keep something that didnt pay for. Also I live in the state of NY what is the statue of limitations for this? I looked on this website and it said 6years is that true? Help Please.

Erusaro asked:


Kelly needs to earn 10% on the loans she issues. George wants a $200,000 30 year FRM loan and with his current income he can only afford to pay $1,467.53 a month (the payment on an 8% loan). Kelly also knows George is planning on moving in 6 years. How many points does Kelly need to charge George to achieve a 10% yield?

Erusaro asked:


Bob wants to know how many years it will take to pay off his FRM given a monthly payment of $1,500 a loan balance of $212,230.36 and 7% interest rate.